Bluerock Residential Growth REIT Company Profile (NYSEMKT:BRG)

About Bluerock Residential Growth REIT (NYSEMKT:BRG)

Bluerock Residential Growth REIT logoBluerock Residential Growth REIT, Inc. is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company's portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development. As of December 31, 2016, its operating properties included ARIUM at Palmer Ranch, Sarasota; ARIUM Grandewood, Orlando; ARIUM Gulfshore, Naples; ARIUM Palms, Orlando; ARIUM Pine Lakes, Port St. Lucie; ARIUM Westside, Atlanta; Ashton Reserve, Charlotte; Enders at Baldwin Park, Orlando; Fox Hill, Austin; Lansbrook Village, Palm Harbor; Legacy at Southpark, Austin; Nevadan, Atlanta; Roswell City Walk, Roswell; Sorrel, Frisco; Sovereign, Fort Worth; The Preserve at Henderson Beach, Destin; Village Green of Ann Arbor, Ann Arbor, and Whetstone, Durham.

Industry, Sector and Symbol: Average Prices:
  • 50 Day Moving Avg: $12.67
  • 200 Day Moving Avg: $12.80
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: -1.00
Dividend:
  • Annual Dividend: $1.16
  • Dividend Yield: 8.6%
Profitability:
  • Net Margins: -13.61%
  • Return on Equity: -4.09%
  • Return on Assets: -1.11%
Debt:
  • Debt-to-Equity Ratio: 2.47%
  • Current Ratio: 304.45%
  • Quick Ratio: 304.45%
Misc:
  • Beta: 0.65
 

Frequently Asked Questions for Bluerock Residential Growth REIT (NYSEMKT:BRG)

What is Bluerock Residential Growth REIT's stock symbol?

Bluerock Residential Growth REIT trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "BRG."

How often does Bluerock Residential Growth REIT pay dividends? What is the dividend yield for Bluerock Residential Growth REIT?

Bluerock Residential Growth REIT announced a dividend on Monday, January 9th. Shareholders of record on Friday, March 24th will be given a dividend of $0.0967 per share on Wednesday, April 5th. The ex-dividend date is Wednesday, March 22nd. View Bluerock Residential Growth REIT's Dividend History.

How were Bluerock Residential Growth REIT's earnings last quarter?

Bluerock Residential Growth REIT Inc (NYSEMKT:BRG) posted its quarterly earnings results on Tuesday, May, 10th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.12 by $0.01. The firm earned $16.60 million during the quarter, compared to analysts' expectations of $15.30 million. Bluerock Residential Growth REIT had a negative return on equity of 4.09% and a negative net margin of 13.61%. View Bluerock Residential Growth REIT's Earnings History.

Where is Bluerock Residential Growth REIT's stock going? Where will Bluerock Residential Growth REIT's stock price be in 2017?

3 brokers have issued 12 month price targets for Bluerock Residential Growth REIT's shares. Their forecasts range from $14.00 to $16.00. On average, they expect Bluerock Residential Growth REIT's stock price to reach $15.00 in the next year. View Analyst Ratings for Bluerock Residential Growth REIT.

Who are some of Bluerock Residential Growth REIT's key competitors?

How do I buy Bluerock Residential Growth REIT stock?

Shares of Bluerock Residential Growth REIT can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

Analyst Ratings

Consensus Ratings for Bluerock Residential Growth REIT (NYSEMKT:BRG) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $15.00

Analysts' Ratings History for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Show:
DateFirmActionRatingPrice TargetDetails
1/4/2017FBR & CoDowngradeOutperform -> Market Perform$15.00 -> $14.00View Rating Details
11/9/2016JMP SecuritiesReiterated RatingBuyView Rating Details
11/8/2016DA DavidsonReiterated RatingBuyView Rating Details
4/26/2016Compass PointBoost Price TargetBuy$15.00 -> $15.50View Rating Details
2/26/2016National SecuritiesReiterated RatingHold$11.50View Rating Details
9/2/2015Oppenheimer Holdings Inc.Reiterated RatingBuy$16.00View Rating Details
7/22/2015Janney Montgomery ScottInitiated CoverageBuy$15.00View Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Earnings by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Earnings History by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/10/2016Q116$0.12$0.11$15.30 million$16.60 millionViewListenView Earnings Details
2/24/2016Q415$0.05$0.03$12.42 million$13.20 millionViewListenView Earnings Details
11/12/2015Q315$0.12$0.22$10.85 million$11.60 millionViewListenView Earnings Details
8/11/2015Q215$0.12$0.13$10.38 million$10.50 millionViewListenView Earnings Details
5/12/2015Q115($0.02)$0.13$9.20 million$9.00 millionViewN/AView Earnings Details
2/26/2015$0.13$0.19ViewN/AView Earnings Details
11/4/2014$0.12$0.14$9.59 million$9.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Current Year EPS Consensus Estimate: $0.82 EPS
Next Year EPS Consensus Estimate: $1.17 EPS

Dividends

Current Dividend Information for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Most Recent Dividend:4/5/2017
Annual Dividend:$1.16
Dividend Yield:Infinity
Payout Ratio:-184.13% (Trailing 12 Months of Earnings)
141.46% (Based on This Year's Estimates)
99.15% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)

Dividend History by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/9/2017$0.103/22/20173/24/20174/5/2017
1/9/2017$0.102/22/20172/24/20173/3/2017
1/9/2017$0.101/23/20171/25/20172/3/2017
10/6/2016$0.1012/21/201612/23/20161/5/2017
10/6/2016$0.1011/22/201611/25/201612/5/2016
10/6/2016$0.1010/21/201610/25/201611/4/2016
7/11/2016$0.109/21/20169/23/201610/5/2016
7/11/2016$0.108/23/20168/25/20169/5/2016
7/11/2016$0.107/21/20167/25/20168/5/2016
4/8/2016$0.106/22/20166/24/20167/5/2016
4/8/2016$0.104/21/20164/25/20165/5/2016
2/24/2016$0.103/22/20163/24/20164/5/2016
1/15/2016$0.102/23/20162/25/20163/5/2016
1/15/2016$0.101/21/20161/25/20162/5/2016
11/12/2015$0.1012/22/201512/25/20151/5/2016
11/12/2015$0.2911/23/201511/25/201512/5/2015
10/12/2015$0.1010/22/201510/25/201511/5/2015
7/13/2015$0.109/23/20159/25/201510/5/2015
7/13/2015$0.108/21/20158/25/20159/5/2015
4/14/2015monthly$0.108.62%6/23/20156/25/20157/5/2015
4/14/2015monthly$0.108.62%4/22/20154/25/20155/5/2015
4/14/2015monthly$0.108.62%5/20/20155/25/20156/5/2015
1/13/2015monthly$0.109.19%2/23/20152/25/20153/5/2015
1/13/2015monthly$0.109.19%1/21/20151/25/20152/5/2015
1/13/2015monthly$0.109.19%3/23/20153/25/20154/5/2015
7/17/2014monthly$0.108.94%9/23/20149/25/201410/5/2014
7/17/2014monthly$0.108.94%8/21/20148/25/20149/5/2014
7/17/2014monthly$0.108.94%7/23/20147/25/20148/5/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Insider Ownership Percentage: 4.96%
Institutional Ownership Percentage: 34.46%
Insider Trades by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Institutional Ownership by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Insider Trades by Quarter for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/22/2016Christopher J VohsInsiderBuy2,500$13.26$33,150.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Latest Headlines for Bluerock Residential Growth REIT (NYSEMKT:BRG)
Source:
DateHeadline
finance.yahoo.com logoEdited Transcript of BRG earnings conference call or presentation 8-May-17 3:00pm GMT
finance.yahoo.com - May 12 at 4:35 PM
finance.yahoo.com logoBluerock Residential Growth REIT, Inc. breached its 50 day moving average in a Bullish Manner : BRG-US : May 9, 2017
finance.yahoo.com - May 9 at 8:40 AM
reuters.com logoBRIEF-Bluerock Residential Growth REIT Q1 adjusted FFO per share $0.18
www.reuters.com - May 8 at 10:23 AM
bizjournals.com logoBluerock Residential Growth REIT Announces First Quarter 2017 Results
www.bizjournals.com - May 8 at 10:23 AM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) First Quarter 2017 Earnings, Conference Call Set for May 8
finance.yahoo.com - April 27 at 9:33 AM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Announces Second Quarter 2017 Common Stock and Series B - PR Newswire (press release)
www.prnewswire.com - April 10 at 3:57 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces Second Quarter 2017 Common Stock and Series B Preferred Stock Dividends
finance.yahoo.com - April 10 at 3:57 PM
prnewswire.com logoBluerock Residential Growth REIT Acquires Wesley Village; 301-Unit, Class-A Apartment Property in Charlotte, NC - PR Newswire (press release)
www.prnewswire.com - April 7 at 8:39 AM
finance.yahoo.com logoBluerock Residential Growth REIT Acquires Wesley Village; 301-Unit, Class-A Apartment Property in Charlotte, NC
finance.yahoo.com - April 7 at 8:39 AM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement
biz.yahoo.com - March 28 at 6:03 PM
nasdaq.com logoBluerock Residential Growth REIT, Inc. (BRG) Ex-Dividend Date Scheduled for March 22, 2017 - Nasdaq
www.nasdaq.com - March 22 at 3:45 PM
nasdaq.com logoCash Dividend On The Way From Bluerock Residential Growth REIT Series A Cumulative Redeemable Preferred Stock
www.nasdaq.com - March 20 at 3:26 PM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Announces First Quarter Dividend on 8.250% Series A Cumulative ... - PR Newswire (press release)
www.prnewswire.com - March 13 at 12:23 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces First Quarter Dividend on 8.250% Series A Cumulative Redeemable Preferred Stock, 7.625% Series C Cumulative Redeemable Preferred Stock and 7.125% Series D Cumulative Preferred Stock
finance.yahoo.com - March 13 at 12:23 PM
thestreet.com logoRelative Strength Alert For Bluerock Residential Growth REIT
www.thestreet.com - March 8 at 4:45 PM
finance.yahoo.com logoBluerock Reports 160% Growth in Capital Raise; Emerges Among Top Sponsors in Direct Investment Industry
finance.yahoo.com - February 27 at 12:31 PM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 8-K, Unregistered Sale of Equity Securities
biz.yahoo.com - February 22 at 4:05 PM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - February 22 at 12:03 PM
nasdaq.com logoBluerock Residential Growth REIT, Inc. (BRG) Ex-Dividend Date Scheduled for February 22, 2017 - Nasdaq
www.nasdaq.com - February 21 at 12:49 PM
finance.yahoo.com logoEdited Transcript of BRG earnings conference call or presentation 16-Feb-17 4:00pm GMT
finance.yahoo.com - February 17 at 6:08 PM
reuters.com logoBRIEF-Bluerock Residential Growth REIT Q4 adjusted FFO per share $0.18
www.reuters.com - February 16 at 9:06 PM
reuters.com logoBRIEF-Bluerock Residential Growth REIT Q4 adjusted FFO per share $0.18
www.reuters.com - February 16 at 9:06 PM
streetinsider.com logoBluerock Residential Growth REIT (BRG) Posts Q4 Pro-Forma FFO of $0.41
www.streetinsider.com - February 16 at 8:50 AM
biz.yahoo.com logoQ4 2016 Bluerock Residential Growth REIT Inc Earnings Release - Before Market Open
us.rd.yahoo.com - February 16 at 8:50 AM
us.rd.yahoo.com logoBluerock Residential Growth REIT Announces Fourth Quarter 2016 Results
us.rd.yahoo.com - February 16 at 8:50 AM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Fourth Quarter 2016 ... - PR Newswire (press release)
www.prnewswire.com - February 9 at 4:16 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Fourth Quarter 2016 Earnings, Conference Call Set for February 16
finance.yahoo.com - February 9 at 4:16 PM
finance.yahoo.com logoTop Ranked Growth Stocks to Buy for February 8th
finance.yahoo.com - February 8 at 4:13 PM
biz.yahoo.com logoBLUEROCK RESIDENTIAL GROWTH REIT, INC. Files SEC form 8-K, Other Events
biz.yahoo.com - February 8 at 4:13 PM
seekingalpha.com logoWhy Not Buy This 8%-Yielding Preferred REIT Stock For Your Income Portfolio?
seekingalpha.com - February 7 at 5:03 PM
seekingalpha.com logoPromising REIT Stock Yields 9%, Strong NOI Growth, Low AFFO Valuation, Pays Monthly
seekingalpha.com - January 30 at 3:59 PM
nasdaq.com logoBluerock Residential Growth REIT, Inc. (BRG) Ex-Dividend Date ... - Nasdaq
www.nasdaq.com - January 20 at 5:04 PM
us.rd.yahoo.com logoBluerock Residential Growth REIT (BRG) Prices Class A Common Stock Offering
us.rd.yahoo.com - January 12 at 1:23 AM
streetinsider.com logoBluerock Residential Growth REIT (BRG) Prices 4M Common Stock Offering at $13.15/Share - StreetInsider.com
www.streetinsider.com - January 11 at 3:21 PM
us.rd.yahoo.com logo4:02 pm Bluerock Residential Growth commences 4 mln public offering of its Class A common stock
us.rd.yahoo.com - January 10 at 9:38 PM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Announces Public Offering of Class A Common Stock - PR Newswire (press release)
www.prnewswire.com - January 10 at 4:36 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces Public Offering of Class A Common Stock
finance.yahoo.com - January 10 at 4:36 PM
prnewswire.com logoBluerock Residential Growth REIT (BRG) Announces First Quarter 2017 Common Stock and Series B Preferred Stock ... - PR Newswire (press release)
www.prnewswire.com - January 9 at 5:08 PM
finance.yahoo.com logoBluerock Residential Growth REIT (BRG) Announces First Quarter 2017 Common Stock and Series B Preferred Stock Dividends
finance.yahoo.com - January 9 at 5:08 PM
streetinsider.com logoFBR Capital Downgrades Bluerock Residential Growth REIT (BRG) to Market Perform
www.streetinsider.com - January 4 at 4:58 PM
streetinsider.com logoFBR Capital Downgrades Bluerock Residential Growth REIT (BRG) to Market Perform
www.streetinsider.com - January 4 at 4:58 PM
us.rd.yahoo.com logoBluerock Residential Growth downgraded by FBR & Co.
us.rd.yahoo.com - January 4 at 4:58 PM
us.rd.yahoo.com logoBluerock Residential Growth downgraded by FBR & Co.
us.rd.yahoo.com - January 4 at 4:58 PM
finance.yahoo.com logoBull of the Day: Bluerock Residential Growth REIT (BRG)
finance.yahoo.com - January 3 at 9:48 AM
finance.yahoo.com logoIs Bluerock an Incredible Momentum Stock? 3 Reasons Why BRG Will Be Tough to Beat
finance.yahoo.com - December 30 at 4:20 PM
nasdaq.com logoCan Bluerock Residential Growth (BRG) Keep the Earnings Streak Alive This Quarter? - Nasdaq
www.nasdaq.com - December 29 at 2:03 AM
finance.yahoo.com logoCan Bluerock Residential Growth (BRG) Keep the Earnings Streak Alive This Quarter?
finance.yahoo.com - December 27 at 11:31 AM
prnewswire.com logoBluerock Residential Growth REIT Acquires 320-Unit Apartment Property in Port St. Lucie, FL - PR Newswire (press release)
www.prnewswire.com - December 21 at 3:42 PM
reuters.com logoBRIEF-Bluerock residential growth REIT acquires 324-unit apartment property in Austin, TX
www.reuters.com - December 20 at 9:32 PM
seekingalpha.com logoBluerock Residential Growth REIT acquires 324-Unit apartment property
seekingalpha.com - December 20 at 4:31 PM

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This page was last updated on 5/27/2017 by MarketBeat.com Staff